Modest trade turnover between Russia & US manages to grow despite sanctions ...News

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Modest trade turnover between Russia & US manages to grow despite sanctions
source : Russia Today ( News ) () 11
The trade turnover between Russia and the US jumped 7.7% in the first quarter, compared to the same period last year, to $3.88 billion. However, economic restrictions imposed by Washington continue to impede growth. The figures were revealed by the press service of Moscow’s economic policy, property and land relations complex, or Mosprom. According to the data, Russia’s capital exports to the US market increased by 7.6% in the first quarter of 2021, to nearly $1.87 billion. Moscow’s share of the overall turnover has been gradually increasing over the past three years: from 39.2% in 2018 to 52% in 2020, to the current 55.3%. Exports of

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